Wanna buy the moon?

A new real estate agency, Lunar Realty, based in the southern Australian city of Melbourne, opens its doors Tuesday selling one-acre blocks on the moon for 59 Australian dollars (US$40) and 10-acre "lifestyle" blocks for A$298 (US$202).

Originally posted by Brad_Ad23 I don't think they could do that. The moon is international land..like Antarctica or so I thought.

From the article:

Hope has been cashing in since 1980 on what he said was an apparent loophole in the 1967 United Nations Outer Space Treaty that barred nations from laying claim to the moon but said nothing about individuals.

Hope registered a claim for the moon and planets with the United States, the Soviet government and the United Nations and, operating as Lunar Embassy, has been selling plots of extraterrestrial real estate ever since.

Hope has been cashing in since 1980 on what he said was an apparent loophole in the 1967 United Nations Outer Space Treaty that barred nations from laying claim to the moon but said nothing about individuals.

What the UN giveth, the UN (may) taketh away .... who knows, they may also decide to impose a 150% profits tax, and make it retroactive to 1980 (I'm sure the Australian government would sign up for that, if it could get part of the proceeds)! Perhaps then Hope will emigrate to the Moon.

Originally posted by Nereid Perhaps then Hope will emigrate to the Moon.

He had better! (if possession is in fact 9/10ths of the law)
Otherwise, I don't see what claim he has on that land other than pieces of paper here on Earth. Not so easy to evict tenants that live a quarter million miles away and are only accessible through multi-million/billion dollar transportation projects.

Hmm... This is great ! I see prices are up !
I bought 140 acres about 2 years ago for about
120 US dollars. BTW, Dennis Hope, as far as I know,
is very much for real, I hope...
My great great grandchildren will be pretty rich...

Is there honestly any point in buying land somewhere you will never go? Unless there are some hopefuls out there who plan on living for a very long time, I doubht that anybody who reads this post will live long enough to see people have permanent residence on the moon. If I am wrong, however, I'm interested.